Compensation Agreement for Management Services

If your small business is managed by a principal shareholder, set out the terms of the management compensation with this Compensation Agreement for Management Services.

• The annual compensation payable to the shareholder manager under the Agreement will be paid in instalments on regular payroll dates.
• The shareholder manager will also receive an annual bonus calculated as a percentage of net profits.
• The shareholder manager is entitled to all pension, medical and other benefits available to other employees.

The Compensation Agreement for Management Services is available as a downloadable and fully editable Microsoft Word file.